14400 Narcoossee Rd - Drug Store FOR SALE


Orlando, FL 32832- Lake Nona
$10,930,000 USD
202-286-1542
14400 Narcoossee Rd, Orlando, FL for Sale
$10,930,000 USD
Drug Store - FOR SALE
1/12
null | 5.7% Cap Rate

14400 Narcoossee Rd
Orlando, FL 32832
Lake Nona


OVERVIEW

-Walgreens currently has 11+ years remaining on their initial lease with 9 (5-year) options to extend -5% rental increases at the beginning of each option -Located at the signalized, hard corner intersection of Narcoosee Rd and Luminary Blvd which combined average 75,900 VPD -Located in a dense retail corridor, with numerous nearby national/credit tenants including Publix, Aldi, Chick-fil-A, Arby’s, Pet Supermarket, and more -Close proximity to Lake Nona Middle School (1,715 students), Eagle Creek Elementary School (841 students), and Lake Nona High School (4,546 students) -Equipped with a drive-thru -Royal Palm Companies secured $56 million in financing for a new 320-unit Class-A apartment community scheduled to open in early 2027 -Lake Nona, referred to as “the Future of Cities” by Fortune magazine, ranks among the fastest-growing, best-selling communities in America -More than 90,000 residents and 15,000 employees support the trade area -$169,531 affluent average household income within a 1-mile radius

FOR SALE DETAILS

PRICE

$10,930,000 USD

PRICE/SF

$738 USD /SF

CAP RATE

5.7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens - Orlando, FL (Lake Nona)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.